Overview
What is Proactive Lifestyle Events Company?
Proactive Lifestyle Events Company is a North Carolina-based nonprofit organization, established with a mission to organize and host competitions such as marathons. Their primary objective is to serve as a platform, providing a direct avenue for established 501(c)(3) nonprofit charitable organizations to receive benefits from these events. This nonprofit corporation aims to contribute positively to these charities by leveraging the popularity and engagement of athletic competitions.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 73% (Two-Star out of Four Star rating)
Proactive Lifestyle Events Company has received a Two-Star rating from Charity Navigator, reflecting an overall score of 73%. This score is derived solely from its Accountability & Finance metrics, indicating a focus on the financial health and transparency of the organization. The charity's performance suggests a solid foundation in managing its finances responsibly.
The organization demonstrates strong governance, with all board members being independent and adhering to best practices in accountability. Notable strengths include a perfect score in areas such as material diversion of assets and documenting board meeting minutes. Additionally, the charity shows a commendable program expense ratio, allocating 100% of its funds towards programs, which underscores its commitment to its mission.
Despite its strengths, the two-star rating may indicate areas for improvement in aspects not covered by the current metrics. While the financial health appears robust, potential donors might look for more comprehensive assessments of program effectiveness and impact. Overall, Proactive Lifestyle Events Company showcases a commitment to accountability, making it a reliable choice for those considering support.
This AI summary has been generated from information found on Charity Navigator.
Is Proactive Lifestyle Events Company legitimate?
Proactive Lifestyle Events Company is a legitimate nonprofit organization registered as a 501(c)(3) entity. Proactive Lifestyle Events Company submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of Proactive Lifestyle Events Company?
The Proactive Lifestyle Events Company was established with the purpose of producing competitions, such as marathons, serving as a platform for directly benefiting established 501(c)(3) nonprofit charitable organizations. This NC-based organization is dedicated to providing a means of supporting these charities through the proceeds derived from the competitions it organizes.
In essence, the Proactive Lifestyle Events Company aims to leverage the popularity of athletic events to channel funds towards worthy charitable causes, thereby making a tangible difference in the lives of those they serve. By producing marathons and other competitions, the organization creates a unique opportunity for these charities to raise funds and increase their visibility, ultimately contributing to their mission.
Who is the CEO of Proactive Lifestyle Events Company?
J Merritt Wagner is the President of Proactive Lifestyle Events Company.
What is the revenue of Proactive Lifestyle Events Company?
Proactive Lifestyle Events Company's revenue in 2022 was $20,341.
Who are the executives of Proactive Lifestyle Events Company and what are their salaries?
Here are 5 key members and their salaries:
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Where can I find the form 990 for Proactive Lifestyle Events Company?
Proactive Lifestyle Events Company's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Proactive Lifestyle Events Company
Proactive Lifestyle Events Company, a nonprofit organization, was established with a unique mission. Its primary objective is to produce competitions, such as marathons, serving as a platform. This platform aims to provide direct benefits to established 501(c)(3) nonprofit charitable organizations. By organizing these events, Proactive Lifestyle Events Company seeks to leverage its resources and influence to support these charitable organizations, thereby amplifying their impact and contributing to their causes.
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Impact
August, 2024
Proactive Lifestyle Events Company's impact is centered around producing competitions, such as marathons, that serve as a platform for generating direct benefits to established charitable organizations. These events not only promote a healthy and active lifestyle but also contribute to the support and advancement of various causes championed by nonprofit organizations. The company's proactive approach in organizing these events demonstrates a commitment to making a meaningful difference in the community by leveraging the power of sports and camaraderie for social good.
This information is meant to be a general summary of Proactive Lifestyle Events Company. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Gross Receipts: $385,527
Assets and Liabilities:
- Total Assets: $310,559
- Total Liabilities: $0
- Net Assets: $310,559
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Organization Details
Founding Year
2011
Phone
(248) 978-2976Principal Officer
J Merritt Wagner
Main Address
PO BOX 11197, WILMINGTON, NC, 284041197
NTEE Category
Code: W99 - Public benefit
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